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CFOs Say Cash Flow Is Top Concern and Financial Priority for 2011: TD Bank Survey

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A new survey reveals the top source of financial anxiety for today's CFO community. Sixty-nine percent of chief financial officers and other corporate finance managers at mid-sized businesses say that it's the intense challenge of managing cash flow that worries them the most, according to a survey conducted by TD Bank. Proper capital allocation and cash flow management will also be next year's top financial management priorities for 41% of respondents. The TD Bank survey also found that corporate finance managers are realistic in their view of the economy, with 78% of executives noting that the recovery might take up to two years to materialize. Interest rate volatility is a key concern for 55% of those surveyed followed by adequate access to credit for 52%.

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